In a historic move, Safaricom has been granted a license to operate its revolutionary M-Pesa money service in Ethiopia, marking the first time a foreign company has been allowed to provide such services in the country. This development is set to reshape Ethiopia’s financial ecosystem, bringing digital payments, savings, and credit solutions to millions of unbanked … Read more
M-Pesa Anonymous; Kenyans sending money via M-Pesa will now be able to send money without revealing their details to the recipients. This follows a new innovation by a local start-up that will allow M-Pesa users to send money anonymously. The new innovation is a product of a local tech firm known as Siri Yangu Limited. … Read more
Equity Bank Group has received approval in principle to set up a general insurance business. The initial approval has been granted by the Insurance Regulatory Authority. “The Board of Equity Group Holdings is happy to announce that it has received in-principle approval from the Insurance Regulatory Authority (IRA) to set up a General Insurance Company,” the bank … Read more